Los Angeles' other baseball team actually resides in Anaheim, California. Angels Baseball owns and operates the Los Angeles Angels of Anaheim professional baseball franchise. The team, originally owned by cowboy actor Gene Autry, joined Major League Baseball as an expansion franchise in 1960 and has boasted such Hall of Fame talent as Rod Carew and Nolan Ryan. However, Angels fans had to wait until 2002 for the team to win its first American League pennant and World Series title. Phoenix businessman Arturo Moreno, who has owned the team since 2003, was the first Hispanic to own a major sports franchise in the US.
Under the leadership of longtime manager Mike Scioscia and general manager Tony Reagins, the Angels won the West division in both 2007 and 2008. The team's post-season hopes were dashed each time by the Boston Red Sox, however.
Formerly known as the Anaheim Angels, the team changed its name in 2005 in an effort to expand its fan base to include the rest of the Los Angeles metropolitan area. The change actually harkens back to the franchise's origins when it played at Los Angeles' Wrigley Field and later at what is now Dodger Stadium as the Los Angeles Angels. Autry moved the team out of LA in 1966 and renamed the club the California Angels. The franchise took on the Anaheim Angels moniker after Walt Disney bought a 25% stake in the team in 1995. (The media giant, which also launched the Anaheim Ducks pro hockey team, acquired the rest of the Angels in 1999.)
Despite the Angels' unexpected drive to a World Series title in 2002, Disney pushed hard to rid itself of its sports interests, which were originally seen as a way to obtain television programming on the cheap but quickly became a drain on the company's bottom line. If nothing else, the team's championship victory allowed Disney to boost the price tag for the team: Moreno and his partners paid $182 million for the franchise.